Official:Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Income and Receipts Taxes," by further revising the "Special Tax Credit Opportunity for Job Creation," under certain terms and conditions.
Sponsor: Councilmember Goode
Introduced: December 13, 2012
Signed: January 31, 2013
: Committee on Commerce & Economic Development
Status: Signed into Law, step 4 of 4
This bill amends Philadelphia's Business Income and Receipts Tax Code to provide tax credits for businesses that create new jobs. The tax credit amount varies based on the year of job creation and the type of employment opportunity created.
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